Have they sent out letters to clients explaining how the SEC is picking on them ? Did they mention Doug "3 Mil" Hill's 3 Million dollar get out of going to Jail fine or the 75 Million Fine for not fully disclosing revenue sharing .......... or are you just going nuts exchanging all of your Funds into American Funds............what happen to diversification?

But, hey dudes knowbody treats their clients the way Jones does.........total honesty the Black eye is not going away

You're a little off on the exchange into American Funds. Jones recently added Franklin Templeton, so I hear. I figure this was some kind of preemptive chess maneuver or something. See the GP's saw that money would flow to the only other fund company most IR's are familiar with. The only one where that nice disclosure is not required anyway.

So now the GP's figure that they get to keep their kickbacks by letting FT in on their racket.

And the IR's are back to handing out disclosures and handing big kickbacks to GP.

Player, why do you waste so much time talking about Jones? Move on. You
act like a woman scorned. If I had to guess you probably got canned by
them, regardless of what you say. If you are trying to help out other
IRs which I think is what you said in the past, let them find out on
their own. I swear I have never heard anyone dwell so damn much on one
subject. Then again maybe you are a woman and I just don’t know any
better.

Jones still doesn't have their IR's have the clients sign anything that explains revenue sharing, the statement that is to be given to each client is seldom used, and I still have not read from one of you Drones or Clones that you are even a little ticked off how the greedy GP's have soiled your Firm?

It must be the class of IR's they are hiring today, honesty just isn't a priority...................................

Also, how can any of you defend Doug "3" Mill Hill..................then again you are the ones paying his salary, aren't you? But not for long..................

i dont get it. Indy is a fine idea, but if it were so easy, that easy, then why does anyone work for another firm? the bottom line is quality of life-- that is your life. if jones or indy allows you to do the things you want, great. everyone talks about selling their book someday and cashing in. well, most people only want out of the business when the narket is going down and they are sick of dealing with their clients. how much iyour book worth when the market drops 40%. who wanted to start out indy in sept 2002? my point is, if a guy makes 250K a year, either indy or jones, isnt his quality if life better than everyone on his street?

Selling your book is only one aspect. There is much more. Read some of the posts which go into more detail. I'ts not at all about "cashing in". It's about freedom and flexibility. Sure your net/net will increase substantially, you will get better tax breaks...etc...have more products...but there is more. It IS ABOUT QUALITY of LIFE.